Brussels Warns that the Energy Crisis and Extreme Summer Events Will Weigh on GDP

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The European Commission warns of the impact that energy prices and extreme climate events will have on the European economy.

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Several obstacles are expected, including energy-related disturbances and the impact of this summer's extreme weather events, which should weigh on the European economy, said European Economic Commissioner Valdis Dombrovskis.

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The European Commission today warned that the energy disruptions related to the Middle East war and the impact of extreme weather events, such as heat waves and fires, "should weigh" on the European economy this year.